After costs, if the gap returns to its 7d average, $10k−$55
spread now−0.179%7d average−0.034%fees + slippage, in and out−$40spread needed0.400%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AVAX-PERP-INTX | 11.201 | 0.0176 | pay 0.0022% / 1h | 12m 26s | $854K | $10.9M | 50x |
| Short | Backpack AVAX_USDC_PERP | 11.181 | 0.0082 | get 0.0010% / 1h | 12m 26s | $320K | $612K | 15x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$17.86
- Funding while held
- −$2.82
- Slippage, 4 orders
- −$20.04
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$60.72
- Spread needed to break even
- 0.400%
Slippage from Coinbase International: live order book, 3 min ago; Backpack: live order book, 38 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0094%
- Per $10,000 a day
- −$2.82
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 3 min ago | 3.13 bp | 11.4 bp −$11 | 18.0 bp −$180 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 38 min ago | 1.79 bp | 6.8 bp −$7 | 31.9 bp −$319 | doesn't fit | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.AVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.277% | −0.0022% | 1h | $17K | $79K | 12x | as long as short |
| Phemex AVAXUSDT | −0.196% | +0.0030% | 8h | $30.0M | $4.8M | 50x | as long as short |
| Extended AVAX-USD | −0.193% | +0.0104% | 1h | $667K | $2.4M | 25x | as long as short |
| Aevo AVAX-PERP | −0.192% | +0.0088% | 1h | $257K | — | 3x | as long as short |
| BingX AVAX-USDT | −0.187% | +0.0066% | 8h | — | $107.0M | — | as long as short |
| SoDEX AVAX-USD | −0.187% | −0.0185% | 1h | $19K | $76K | 10x | as long as short |
| Gate AVAX_USDT | −0.179% | −0.0069% | 8h | $12.5M | $50.3M | 75x | as long as short |
| Backpack AVAX_USDC_PERPshort | −0.179% | +0.0082% | 1h | $320K | $612K | 15x | |
| Nado AVAX-PERP | −0.174% | +0.0075% | 1h | $315K | $1.6M | 10x | as long as short |
| Variational Omni AVAX | −0.174% | −0.0198% | 8h | $3.0M | $3.2M | — | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex AVAX-USD-PERP | −0.171% | +0.0053% | 8h | $13K | $2K | 20x | as long as short |
| Pacifica AVAX | −0.165% | +0.0100% | 1h | $302K | $137K | 10x | as long as short |
| Lighter AVAX | −0.162% | +0.0096% | 1h | $1.3M | $3.3M | 10x | as long as short |
| Bybit AVAXUSDT | −0.161% | −0.0041% | 8h | $88.3M | $171.4M | 75x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.161% | −0.0465% | 1h | $5.3M | $12.0M | 25x | as long as short |
| BloFin AVAX-USDT | −0.161% | +0.0089% | 8h | $5.2M | $11.6M | 100x | as long as short |
| Binance AVAXUSDT | −0.152% | +0.0021% | 8h | $121.9M | $654.5M | 75x | as long as short |
| Popdex AVAXUSDT | −0.152% | +0.0096% | 1h | $16K | $913K | 50x | as long as short |
| KuCoin AVAXUSDTM | −0.143% | +0.0100% | 8h | $15.4M | $27.7M | 75x | as long as short |
| HTX AVAX-USDT | −0.143% | +0.0100% | 8h | $360K | $1.5M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | −0.134% | +0.0005% | 8h | $20.9M | $180.4M | 50x | as long as short |
| Reya AVAXRUSDPERP | −0.129% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| ApeX Omni AVAXUSDT | −0.125% | +0.0100% | 1h | $140K | $738K | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | −0.124% | L +0.0403% / S −0.0236% | 1h | $236K | — | 120x | as long as short |
| dYdX AVAX-USD | −0.114% | 0.0000% | 1h | $64K | $175K | 10x | as long as short |
| MEXC AVAX_USDT | −0.107% | +0.0022% | 8h | $55.5M | $161.2M | 200x | as long as short |
| Aster AVAXUSDT | −0.098% | +0.0035% | 8h | $2.3M | $2.7M | 75x | as long as short |
| Polymarket Perps AVAX-USD | −0.098% | +0.0013% | 1h | $113K | $521K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | −0.089% | +0.0100% | 8h | $197K | $404K | 20x | as long as short |
| Bitget AVAXUSDT | −0.080% | +0.0066% | 8h | $35.1M | $76.6M | 75x | as long as short |
| gTrade (Gains Network) AVAX/USD | −0.057% | L +0.0002% / S −0.0002% | 1h | $27K | — | 150x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.046% | +0.0241% | 1h | $4.5M | $18.4M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTXlong | 0.000% | +0.0176% | 1h | $854K | $10.9M | 50x | |
| Hyperliquid AVAX | +0.018% | +0.0167% | 1h | $43.1M | $72.2M | 10x | as long as short |
| SunX AVAX-USDT | +0.089% | +0.0100% | 8h | $12K | $718K | 20x | as long as short |
Coinbase International AVAX-PERP-INTX
Backpack AVAX_USDC_PERP
Injective
Phemex
Extended
BingX
SoDEX
Gate
Variational Omni
Paradex
Pacifica
Lighter
Bybit
Deribit
BloFin
Binance
Popdex
KuCoin
HTX
OKX
ApeX Omni
GMX
MEXC
Aster
Polymarket Perps
Bitget
gTrade (Gains Network)
Kraken Futures
Hyperliquid
SunX